4 Lessons I Learned From Acquiring a Business
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4 Lessons I Learned From Acquiring a Business

If you’re operating your own business successfully, looking to acquire an additional venture can be an extremely profitable decision. It also requires taking a huge risk, and being all-in. Here are four things to keep in mind to ensure your success.

What Are Direct Costs? COGS Definition
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What Are Direct Costs? COGS Definition

Direct costs (also known as costs of goods sold—COGS) are the costs that can be completely attributed to the production of a specific product or service. Here’s why this is important for growing and running your business.

What Metrics to Track (and What Not to Track)
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What Metrics to Track (and What Not to Track)

Business owners who succeed in meeting their goals have one common thread: They all track their progress toward their goals. Here are the metrics and data you should track to realistically measure performance, and what you can safely ignore.

Good News for Quickbooks Users: Automatic Dashboards, Forecasting, and More!
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Good News for Quickbooks Users: Automatic Dashboards, Forecasting, and More!

We’ve launched several new features that make the LivePlan Dashboard even better. If your business uses Quickbooks Online or Xero, LivePlan can now automatically create a business dashboard in seconds, create printed and PDF reports for board meetings and presentations with your own branding, and automatically create your budget and forecast.

How Data Can Shape Your Marketing Strategy
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How Data Can Shape Your Marketing Strategy

Using data to make marketing decisions is essential to growing revenue and having a stable business. That doesn’t mean data is easy, but it does mean that any business can use data to develop and implement better marketing campaigns.